Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
CEZ Group Halved Losses In Romania Last Year
Czech-held utilities group CEZ halved losses from operations in Romania last year, to RON411 million, from RON871 million losses in 2014, due to the wind power production activity, the compa...
ANRE: Romania To Cut Household Gas Prices By 3%
Romania’s energy regulator ANRE on Thursday said that natural gas prices for household consumers will be cut by an average 3%.
Unirea Shopping Center Switches To Profit In 1Q
Unirea Shopping Center (SCDM.RO), which controls the stores in capital Bucharest and central city of Brasov, reported a net profit of RON164,600 (EUR36,300) in the first quarter of the year,...
Medicover Turnover Up Over 13% To RON252M In 2015
Swedish-held private healthcare provider Medicover reported a turnover of RON252 million in Romania in 2015, up over 13% on the year, the company said in a statement on Thursday.
Central Bank Asks Lenders To Cut NPL Ratio Below 10% In 2016
The National Bank of Romania asked each local lender to cut the non-performing loan ratio to less than 10% this year, Horia Manda, managing partner Axxess Capital, told ZF Bankers Summit’16,...
Alin Pop, UniCredit Tiriac Bank: Top Ten Lenders Could Exceed 80% Market Share
The top ten lenders on the Romanian market could jointly exceed 80% of the market, while some of the small lenders will get certain niches to survive and others will disappear in the next tw...
Competition Council OKs Takeover Of Billa Romania By Carrefour
Romania’s Competition Council on Wednesday approved the takeover of Billa stores, the retail operations in Romania of German retail group Rewe, by French retail group Carrefour.
Bitdefender: Romanian Institutions Abroad Targeted By Cyber Threats Between 2014-2016
The offices of Romanian institutions abroad were targeted by complex cyber threats in the last two years, meant to steal information through infected documents, such as CVs, sales ads or inv...
AOAR Wants Mechanism To Support Romanian Companies Exporting To Great Britain
Romanian Businessmen Association (AOAR) asked government to provide a mechanism for partially compensating Romanian companies which have export contracts with Great Britain, for the losses c...
Napolact Owner Borrows EUR150M From EIB For R&D In Europe
Dutch dairy producer FrieslandCampina, which owns Napolact brand on the Romanian market, borrowed EUR150 million from European Investment Bank (EIB) for research and development activities i...
Neacsu, Garanti Bank: Multinationals Looking Closely At Romania’s Future Alliances After Brexit
Multinationals are looking closely at the local environment and we have got a vote of confidence as the markets are stable, Bogdan Neacsu, Garanti Bank Romania Deputy General Manager, respon...
Olteanu, BNR: Brexit To Have Limited Consequences On Romania
On the long term, Europe should redefine itself as it has lost an important part of the economic power, the geopolitical one, it lost an important partner by Great Britain’s decision to leav...